TAMPA,
Fla., Oct. 3, 2023 /PRNewswire/ -- Crown
Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has
completed its previously announced acquisition of Helvetia
Packaging AG, a beverage can and end manufacturing facility in
Saarlouis, Germany.
Through the acquisition, Crown assumes Helvetia's existing
customer base and accompanying contracts, as well as 200 current
employees. The addition of the facility expands Crown's European
beverage can platform into Germany
and adds approximately one billion units of annual capacity,
helping to serve growing customer demand for infinitely recyclable
beverage cans.
About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading
global supplier of rigid packaging products to consumer marketing
companies, as well as transit and protective packaging products,
equipment and services to a broad range of end markets. World
headquarters are located in Tampa,
Florida. For more information, visit www.crowncork.com.
For more information, contact Emily
Hogan, Account Supervisor, FINN
Partners; email: emily.hogan@finnpartners.com
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this
press release consists of forward-looking statements within the
meaning of federal securities law. These forward-looking statements
involve a number of risks, uncertainties and other factors,
including whether the sales and profits of Helvetia will continue
to grow and whether the combination of the Company and Helvetia
will provide benefits to customers that may cause actual results to
be materially different from those expressed or implied in the
forward-looking statements. Important factors that could cause the
statements made in this report or the actual results of operations
or financial condition of the Company to differ are discussed under
the caption "Forward Looking Statements" in the Company's Form 10-K
Annual Report for the year ended December
31, 2022 and in subsequent filings made prior to or after
the date hereof. The Company does not intend to review or revise
any particular forward-looking statement in light of future
events.
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SOURCE Crown Holdings, Inc.